802 & 806 Eighth Street, Uptown NW, New Westminster

$4,350,000 |   MLS® Number  C8063307

Commercial Land for sale in Uptown NW, New Westminster, New Westminster, 802 & 806 Eighth Street, 224968376 | Realtylink.org

Commercial Land for sale

Lot Size
20,317 sqft
Gross Property Tax
$16,320.64 /year
Zoning
NR-2
Subject Property Width
157.5 ft
Subject Property Depth
130 ft
Permitted Land Use
Multifamily (5+), Residential
Water Supply
Municipal
Sewer/Septic
Municipal/Community

Claire Group is excited to present investors with a unique redevelopment opportunity for this corner 3 lot parcel situated in a central location of New Westminster. Developers can continue the rezoning application, which has obtained third reading to construct 18 residential units which includes the retention and on-site relocation of the 1929 Sincock House on its own subdivided parcel, and the construction of three new townhouse buildings. The new buildings would include nine standard side-by-side townhouse units, and eight units in a stacked townhouse format. The bottom units would be one-level accessible dwellings and the top units would front onto Eighth Avenue, giving the appearance of side-by-side units. The heritage house would be restored and legally protected through a Heritage Designation Bylaw. An overall combined Floor Space Ratio of 1.08 (0.71 FSR for the heritage house parcel and 1.13 FSR for the townhouse parcel) is proposed for the site. Buyers should consult with the city of New West.